California Law (Last Updated: March 4, 2014) |
Food and Agricultural Code - FAC |
Division 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS |
Chapter 6. Processors of Farm Products |
ARTICLE 9. Producer’s Lien |
Section 55641.
Latest version.
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If a bond, cash deposit, or security is given to the director by any processor as provided in this article, such processor may sell, transport, or otherwise dispose of the product or processed product to the value which is represented by such security as such value may appear by the sworn statement of such processor in accordance with quotations from the federal-state market news service or other evidence satisfactory to the director.
(Enacted by Stats. 1967, Ch. 15.)